Wednesday, March 16, 8PM-9PM Eastern/Standard Time
Austrian Business Cycle Theory and the Great Recession
Want a good argument to explain the financial crisis from a non-Keynesian point of view? Tune in next Wednesday at 8PM ET to hear an overview of the Austrian theory of the business cycle. Steve Horwitz will explain the difference between Austrian and Keynesian macroeconomics, apply the theory to the events leading up to the current recession, and explore how it helps to see the flaws in quantitative easing and stimulus spending as supposed cures. Along the way, he will also illustrate the theory and applications with examples from the Great Depression. Don’t miss this opportunity to hear about a theory you probably won’t get in your econ classes! 
Steven Horwitz is a Mercatus Center Affiliated Senior Scholar and the Charles A. Dana Professor of Economics at St. Lawrence University in Canton, NY. He is the author of two books, Microfoundations and Macroeconomics: An Austrian Perspective (Routledge, 2000) and Monetary Evolution, Free Banking, and Economic Order (Westview, 1992), and he has written extensively on Austrian economics, Hayekian political economy, monetary theory and history, and the economics and social theory of gender and the family.
